US Fed split over interest rate rise
Craig TaylorOfficials at the US’s central bank were split about when to raise interest rates, latest minutes from the Federal Reserve reveal. BBC News – Business
Business
FedEx to buy rival TNT Express
US parcels delivery firm FedEx is to buy Dutch rival TNT Express for €4.4bn (£3.22bn) as it looks to expand its European operations. BBC News – Business
Tobacco display ban in all shops
A ban on displaying tobacco products is being extended to small shops, bars and clubs, joining a similar curb on supermarkets. BBC News – Business
M&S shares jump on clothing sales
Marks & Spencer shares rise to a seven-year high after a 0.7% gain for closely-watched general merchandising sales, the best performance in nearly four years. BBC News – Business
Tax warning over pension withdrawal
Hundreds of thousands of people are being warned by the IFS think-tank about a big tax bill, if they decide to cash in their pension pots from next week BBC News – Business
Greece made ‘unrealistic promises’
The Greek government made “completely unrealistic promises” to voters that it cannot now fulfil, the former European Commission president tells the BBC. BBC News – Business